Oil Markets


Finance

Negative Oil Prices Could Hurt Bitcoin Miners Who Use Flared Gas

North American bitcoin miners who've bet on fossil-fuel extraction to power their rigs are watching the oil markets closely as prices sink to historic lows.

Credit: Shutterstock

Markets

Bearish or Bullish? What Oil, Defi Hacks and Cash Hoarding Tell Us About Markets

As economic confusion gains ground, NLW breaks down what in the recent news is bullish and what is bearish for bitcoin and the crypto community.

Breakdown4.20

Policy

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

Credit: Shutterstock

Markets

Oil Prices Are Now More Volatile Than Bitcoin

For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.

Image via Shutterstock

Markets

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year.

Petro maduro

Markets

Venezuela to Present Petro at OPEC as the 'Digital Currency for Oil'

Venezuela is hoping the world's oil markets will start using its controversial national cryptocurrency, the petro.

oil drums

Markets

Oil Data Firm Platts Rolls Out Commercial Blockchain Platform

Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain network for sharing oil inventories.

oil

Markets

Report: Venezuela's Maduro Wants OPEC to Launch a Cryptocurrency

Venezuelan President Nicolas Maduro has proposed "joint cryptocurrency mechanism" for use by OPEC members and non-member oil producing states.

OPEC

Markets

More Banks to Sign Up for ING's Ethereum Oil Trading Platform

Dutch bank ING's ethereum-based oil trading pilot is opening up to new financial institutions.

oil drums

Markets

Mercuria Chief: Blockchain Could Cut Oil Market Costs By 30%

The chief executive of Mercuria, one of the world’s largest commodities traders, is bullish on blockchain.

Dunand, Mercuria

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